Antero Resources Extends Exchange Offer for 7.25% Senior Notes

DENVER, May 30, 2012 /PRNewswire/ -- Antero Resources Finance Corporation announced today that it has extended the expiration date for its previously announced exchange offer relating to its outstanding 7.25% Senior Notes Due 2019 (the "Notes"), which commenced on April 30, 2012.

The exchange offer, which was initially scheduled to expire on 5:00 p.m., New York City time, on May 29, 2012, has been extended until 5:00 p.m., New York City time, on Thursday, May 31, 2012.  Holders of Notes previously tendered for the exchange shall have the right to withdraw tenders of the Notes at any time prior to the expiration of the exchange offer. 

Except for the extension of the expiration date, the terms of the exchange offer remain as set forth in the prospectus dated April 30, 2012.

This press release shall not constitute an offer to purchase or the solicitation of an offer to buy any securities. The exchange offer is being made solely pursuant to the prospectus dated April 30, 2012, including any supplements thereto and only in such jurisdictions as is permitted under applicable law.

Antero Resources is an independent oil and natural gas company engaged in the acquisition, development and production of unconventional natural gas properties primarily located in the Appalachian Basin in West Virginia and Pennsylvania, the Piceance Basin in Colorado and the Arkoma Basin in Oklahoma.  Our website is

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Antero's control. All statements, other than historical facts included in this release, are forward-looking statements. All forward-looking statements speak only as of the date of this release. Although Antero believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements.

We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the exploration for and development, production, gathering and sale of natural gas and oil.  These risks include, but are not limited to, commodity price volatility, inflation, lack of availability of drilling and production equipment and services, environmental risks, drilling and other operating risks, regulatory changes, the uncertainty inherent in estimating natural gas and oil reserves and in projecting future rates of production, cash flow and access to capital, the timing of development expenditures, and the other risks described under the heading "Item 1A.  Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2011.

SOURCE Antero Resources